Sequa Petroleum N.V. (the "Company") today announces that the 2015 accounts for Sequa Petroleum UK LTD have been filed at Companies House. In the current market environment, the Company considers it prudent to impair all balances associated with the Aksai licence in full.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.Source: Sequa Petroleum NV via Globenewswire